Retail · Kailua-Kona, Hawaii
Kona Crossroads
Kona Crossroads is financed with a $15.6M CMBS loan at 4.665% that reached maturity on December 6, 2025, 10 months ago. As of the Sep 2026 servicer report, the latest filed for this loan, its status is past maturity and not performing.
The loan
- Balance in tracked trusts
- $15,593,244
- Original balance (same notes)
- $18,030,000
- Interest rate
- 4.665% fixed
- Originated
- December 4, 2015
- Maturity
- December 6, 2025
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- September 5, 2025
- Master servicer
- Midland
- Originator
- GACC
Status
- Payment status
- Non performing matured balloon. (code 5)
- Special servicing
- Transferred December 8, 2025
- Workout strategy
- Foreclosure
- Defeasance
- None reported
The property
- Address
- 75-1027 Henry Street, Kailua-Kona, HI 96740
- Rentable area
- 74,896 sq ft
- Built
- 1996
- Largest tenants
- AutoZone Parts, Inc.; AKAILUA LLC; WEST HAWAII COMMUNITY HEALTI
- Value at securitization
- $27.0M (Jan 2017)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.88x | n/a |
| Occupancy | 98% | n/a |
| Net operating income | $1.6M | n/a |
Watch flags
Computed from the CD 2017-CD4 Mortgage Trust filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Past maturity
On the cmbs.news watch list in every report since January 2026.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- The most recent valuation in the filing is $6.9M (February 6, 2026), against $27.0M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.6M | Non performing matured balloon | Yes | n/a | n/a |
| August 2026 | $15.6M | Non performing matured balloon | Yes | n/a | n/a |
| July 2026 | $15.7M | Non performing matured balloon | Yes | n/a | n/a |
| June 2026 | $15.7M | Performing matured balloon | Yes | n/a | n/a |
| May 2026 | $15.7M | Performing matured balloon | Yes | n/a | n/a |
| April 2026 | $15.8M | Non performing matured balloon | Yes | 1.47x | 100% |
| March 2026 | $15.8M | Non performing matured balloon | Yes | 1.47x | 100% |
| February 2026 | $15.8M | Non performing matured balloon | Yes | 1.47x | 100% |
| January 2026 | $15.8M | Non performing matured balloon | Yes | 1.47x | 100% |
| December 2025 | $15.8M | Performing matured balloon | No | 1.47x | 100% |
| November 2025 | $15.9M | Current | No | 1.41x | 100% |
| October 2025 | $15.9M | Current | No | 1.41x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Special-servicing history
- Transferred to the special servicer December 8, 2025, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CD 2017-CD4 Mortgage Trust | 14 | $15,593,244 | Sep 2026 | SEC filing, September 25, 2026 |
Other Hawaii loans due in 2025
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Pearlridge Uptown II | Aiea, HI | Retail | $37.0M | 4.071% | May 2025 | 1.87x | 92% | With the special servicer |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.